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Segment Information (Tables)
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Summary of Net sales and Operating Profit by Segment

Net sales and operating profit by segment are as follows (in millions):

 

 

 

Net Sales

 

 

Operating Profit

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Americas

 

$

975.4

 

 

$

991.1

 

 

$

507.1

 

 

$

532.2

 

EMEA

 

 

405.9

 

 

 

432.6

 

 

 

126.4

 

 

 

139.2

 

Asia Pacific

 

 

303.7

 

 

 

298.9

 

 

 

104.0

 

 

 

102.1

 

Product Category Operating Segments

 

 

290.5

 

 

 

295.0

 

 

 

40.9

 

 

 

53.2

 

Global Operations and Corporate Functions

 

 

-

 

 

 

-

 

 

 

(253.4

)

 

 

(254.9

)

Total

 

$

1,975.5

 

 

$

2,017.6

 

 

 

 

 

 

 

 

 

Inventory and manufacturing-related charges

 

 

 

 

 

 

 

 

 

 

(2.0

)

 

 

(7.2

)

Intangible asset amortization

 

 

 

 

 

 

 

 

 

 

(143.4

)

 

 

(150.8

)

Acquisition, integration and related

 

 

 

 

 

 

 

 

 

 

(10.7

)

 

 

(46.0

)

Quality remediation

 

 

 

 

 

 

 

 

 

 

(19.7

)

 

 

(46.2

)

Litigation

 

 

 

 

 

 

 

 

 

 

1.8

 

 

 

(5.7

)

Patent litigation licensing gain

 

 

 

 

 

 

 

 

 

 

23.5

 

 

 

-

 

European Union Medical Device Regulation

 

 

 

 

 

 

 

 

 

 

(1.6

)

 

 

(0.3

)

Other charges

 

 

 

 

 

 

 

 

 

 

(22.7

)

 

 

(10.6

)

Operating profit

 

 

 

 

 

 

 

 

 

$

350.2

 

 

$

305.0